Claims Payments. Subject to the provisions of this Agreement, in exchange for its interest in Proceeds resulting from the Subject Claim pursuant to Section 7 of this Agreement, the Funder agrees to pay for the purpose of funding Fees and Expenses (defined below) regarding the Subject Claim (the “Claims Payments”) incrementally and at the Funder’s sole discretion in accordance with the Costs Plan as may be approved by the Funder from time to time.
Appears in 3 contracts
Samples: International Claims Enforcement Agreement (Odyssey Marine Exploration Inc), International Claims Enforcement Agreement (Odyssey Marine Exploration Inc), International Claims Enforcement Agreement (Odyssey Marine Exploration Inc)
Claims Payments. Subject to the provisions of this Agreement, in exchange for its interest in Proceeds resulting from the Subject Claim pursuant to Section 7 of this Agreement, the Funder agrees to pay make the following payments, for the purpose of funding Fees and Expenses (defined below) regarding the Subject Claim (the “Claims Payments”) ), incrementally and at the Funder’s sole discretion in accordance with the Costs Plan as may be approved by the Funder from time to time.
Appears in 1 contract
Samples: International Claims Enforcement Agreement (Odyssey Marine Exploration Inc)
